My column on TaxationWeb continues. Right now it's intro reads:
Richard Murphy considers some of the principal tenets of the UK taxation system and asks if they are in need of a serious overhaul.
Which is fair enough; that's exactly what I do, and suggest it's time we laid Adam Smith to rest when it comes to the design of a good taxation system.
Thanks for reading this post.
You can share this post on social media of your choice by clicking these icons:
There are links to this blog's glossary in the above post that explain technical terms used in it. Follow them for more explanations.
You can subscribe to this blog's daily email here.
And if you would like to support this blog you can, here:
I don’t think that Smith was wrong when he said that the first thing that should be taxed is land rent since this is entirely unearned. He was after all a moral philosopher.